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Cryptocurrencies: 23326
Exchanges: 112
Market Cap: $$2.97T
24h Vol: $92.14B
Dominance: BTC: 64.4% ETH: 7.4%
ETH Gas: 29 Gwei
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Shiden Network is a Canal network that acts as the research and development chain of Plasm Network. PLM token holders can claim Shiden Network's native token SDN token at a ratio of 1:1.
Shiden Network is a multi-chain decentralized application layer on Kusama Network. The Kusama relay chain does not support smart contract functionality by design - Kusama Network requires a smart contract layer. This is where Shiden Network comes in. Shiden supports Ethereum Virtual Machine, WebAssembly and Layer2 solutions from the beginning. The platform supports various applications such as DeFi, NFT, etc.